Mexican Cultural Institute Of New York is located in New York, NY. The organization was established in 1992. According to its NTEE Classification (Q21) the organization is classified as: International Cultural Exchange, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mexican Cultural Institute Of New York is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Mexican Cultural Institute Of New York generated $32.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (22.6%) each year. All expenses for the organization totaled $63.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (15.2%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTION OF MEXICO'S HISTORY, ART CULTURE, AND PUBLIC AFFAIRS IN THE NEW YORK AREA.
Describe the Organization's Program Activity:
Part 3
EVENTS CELEBRATING THE MEXICAN CULTURE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jorge O Mariscal Treasurer | 0.2 | $0 | |
Kenneth L Schwartz Secretary | 0.2 | $0 | |
Enrique Norten President | 0.1 | $0 | |
Bertha Gonzalez Director | 0.1 | $0 | |
Gobi Stromberg Director | 0.1 | $0 | |
Alfonso Teruel Director | 0.1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $22,193 |
Total Program Service Revenue | $10,000 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $30 |
Total Revenue | $32,223 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $789 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $62,965 |
Total expenses | $63,754 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $143,391 |
Other assets | $0 |
Total assets | $298,151 |
Total liabilities | $0 |
Net assets or fund balances | $298,151 |